A company uses the cost method when calculating the price of their products. They will produce...
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A company uses the cost method when calculating the price of their products. They will produce a new product called "Great roof". What is the sales price calculated according to the cost method for the product "Great roof"? Information for calculating the sales price for the product "Great roof" - see left side Direct materials: 8,000 Direct salaries: 10,000 Indirect variable manufacturing costs in the production department 100,000 Indirect fixed manufacturing costs in the production department 120,000 Indirect variable costs in the sales and administration department 500,000 Indirect fixed costs in the sales and administration department 100,000 Indirect costs are distributed according to the number of units produced. budgeted units produced are 2,000 The company budgets with a profit as a percentage of cost 30% Which option is correct; 24 108 С C C C 18 410 18 110 23 933 42 322 A company uses the cost method when calculating the price of their products. They will produce a new product called "Great roof". What is the sales price calculated according to the cost method for the product "Great roof"? Information for calculating the sales price for the product "Great roof" - see left side Direct materials: 8,000 Direct salaries: 10,000 Indirect variable manufacturing costs in the production department 100,000 Indirect fixed manufacturing costs in the production department 120,000 Indirect variable costs in the sales and administration department 500,000 Indirect fixed costs in the sales and administration department 100,000 Indirect costs are distributed according to the number of units produced. budgeted units produced are 2,000 The company budgets with a profit as a percentage of cost 30% Which option is correct; 24 108 С C C C 18 410 18 110 23 933 42 322
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Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
Posted Date:
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